Marathon Oil Corp.
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Marathon Oil retained EnergyNet for the sale of Anadarko and South Oklahoma Folded Belt basin properties through a sealed-bid offering…
All but seven of 29 of the top independent shale producers in the U.S. last year spent more on drilling and shareholder payouts than…
Under a deal with the government the 70-km (44-mile) pipe will have capacity for 950 million cubic feet of gas per day from fields…
The ability to navigate headwinds has become a necessity for oil and gas operators and service companies.
Check out the latest new hires, appointments, promotions and company news.
New Financings
Announced it has repurchased approximately $150 million of additional common stock subsequent to the date…
Marathon Oil Corporation has entered into a transaction to redeem at par the outstanding $1 billion of 5.…
A public offering of 4.4% senior notes that will mature on July 15, 2027, was priced to 99.634% of the…
Will offer 135 million common shares. Underwriters will have a month-long option to purchase another 20.2…
Activity Highlights
McKenzie
NC
United States
At Marathon Oil Corp.’s Myrmidon prospect in North Dakota, the company reported another high-volume Bakken producer on the Fort Berthold Indian Reservation. The #14-23H Whitebody-USA is in Section 22-151n-94w in McKenzie County. It was tested…
McKenzie
ND
United States
Additional results were reported for a high-volume Middle Bakken well in McKenzie County, N.D., by Houston-based Marathon Oil Corp. The Antelope Field completion, #31-2H Chauncey-USA, is in Section 35-152n-94w and flowed 8.475 Mbbl of oil, 8.289…
Dunn
ND
United States
Marathon Oil Corp. announced results for two Three Forks wells in Bailey Field in Dunn County, N.D. The #24-11TFH Olea flowed 6.573 Mbbl of 40-degree-gravity oil with 4.461 MMcf of gas and 8.491 Mbbl of water per day. Production is from a lateral…
McKenzie
ND
United States
According to IHS Markit, a Reunion Bay Field-Bakken discovery—the highest producing Bakken well to date—was announced by Marathon Oil Corp. The #14-23H Whitebody-USA initially flowed 8.702 Mbbl of 41-degree-gravity oil, 10.023 MMcf of gas and 5.…
Dunn
ND
United States
A Marathon Oil Corp. Upper Three Forks discovery initially flowed 5.694 Mbbl of oil, 6.869 MMcf of gas and 6.497 Mbbl of water per day. According to IHS Markit, the Bailey Field well, #24-11TFH Sundby, is in Section 14-146n-94w of Dunn County, N.…
Transactions
Marketed: Marathon Oil Anadarko, South Oklahoma Folded Belt Basin Properties
Marketed: Marathon Oil Anadarko, South Oklahoma Folded Belt Basin Properties
Marathon Oil Signs Agreement For Divestiture Of UK Business
Marathon Oil Signs Agreement For Divestiture Of UK Business
Marathon Divests Noncore, Nonop Conventional US Assets
Marathon Divests Noncore, Nonop Conventional US Assets
Marathon To Sell Remaining Interest In Kurdistan
Marathon To Sell Remaining Interest In Kurdistan
Marathon Oil Narrows Focus On US Shale With $450 Million Libya Exit
Marathon Oil Narrows Focus On US Shale With $450 Million Libya Exit